Massachusetts Lottery

MALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Dec 13, 2025 is estimated to be $1.00 Billion, with a cash option of 461.3 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Massachusetts, your state will take 5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Massachusetts Powerball Jackpot/Cash Option for Sat Dec 13, 2025

Draw Date	Jackpot	Cash Option
Sat Dec 13, 2025	$1,000,000,000	$461,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$461,300,000
Federal Tax(24%)	$110,712,000
Additional Federal Tax	$59,929,330
State Tax(5%)	$23,065,000
Net Lumpsum Payment	$267,593,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$15,051,000	-$5,529,200 -$752,550	$8,769,250
2	$15,804,000	-$5,807,810 -$790,200	$9,205,990
3	$16,594,000	-$6,100,110 -$829,700	$9,664,190
4	$17,424,000	-$6,407,210 -$871,200	$10,145,590
5	$18,295,000	-$6,729,480 -$914,750	$10,650,770
6	$19,210,000	-$7,068,030 -$960,500	$11,181,470
7	$20,170,000	-$7,423,230 -$1,008,500	$11,738,270
8	$21,179,000	-$7,796,560 -$1,058,950	$12,323,490
9	$22,238,000	-$8,188,390 -$1,111,900	$12,937,710
10	$23,350,000	-$8,599,830 -$1,167,500	$13,582,670
11	$24,517,000	-$9,031,620 -$1,225,850	$14,259,530
12	$25,743,000	-$9,485,240 -$1,287,150	$14,970,610
13	$27,030,000	-$9,961,430 -$1,351,500	$15,717,070
14	$28,382,000	-$10,461,670 -$1,419,100	$16,501,230
15	$29,801,000	-$10,986,700 -$1,490,050	$17,324,250
16	$31,291,000	-$11,538,000 -$1,564,550	$18,188,450
17	$32,855,000	-$12,116,680 -$1,642,750	$19,095,570
18	$34,498,000	-$12,724,590 -$1,724,900	$20,048,510
19	$36,223,000	-$13,362,840 -$1,811,150	$21,049,010
20	$38,034,000	-$14,032,910 -$1,901,700	$22,099,390
21	$39,936,000	-$14,736,650 -$1,996,800	$23,202,550
22	$41,933,000	-$15,475,540 -$2,096,650	$24,360,810
23	$44,029,000	-$16,251,060 -$2,201,450	$25,576,490
24	$46,231,000	-$17,065,800 -$2,311,550	$26,853,650
25	$48,542,000	-$17,920,870 -$2,427,100	$28,194,030
26	$50,970,000	-$18,819,230 -$2,548,500	$29,602,270
27	$53,518,000	-$19,761,990 -$2,675,900	$31,080,110
28	$56,194,000	-$20,752,110 -$2,809,700	$32,632,190
29	$59,004,000	-$21,791,810 -$2,950,200	$34,261,990
30	$61,954,000	-$22,883,310 -$3,097,700	$35,972,990